From left to right: Spanish PM Mariano Rajoy, U.S. President Barack Obama, International Monetary Fund chief Christine Lagarde and German Chancellor Angela Merkel.

Under market pressure, as well as pressure fromhis international partners, Spanish Prime Minister Mariano Rajoy is implementing a policy of austerity to his crisis-stricken country.

Categories
Tags

Was this article useful? If so we are delighted!

It is freely available because we believe that the right to free and independent information is essential for democracy. But this right is not guaranteed forever, and independence comes at a cost. We need your support in order to continue publishing independent, multilingual news for all Europeans.

Discover our subscription offers and their exclusive benefits and become a member of our community now!

Are you a news organisation, a business, an association or a foundation? Check out our bespoke editorial and translation services.

Support independent European journalism

European democracy needs independent media. Join our community!